If you knew how many lawsuits are filed agains public companies, you would not be long anything but KO because you drink 5 of them a day.
I am not saying that Asensio is making thing up, well maybe. What I am saying is that he is a short seller that is wrong and is using everything that he has to knock the stock price so he can cover.
Law suits can go either way, who is to say that they are not going to win the whole thing ?
They could loose and have to pay a back roylty, in 2 years when that happens big deal.
DEC could win against INTC and INTC could have to pay DEC 5-10 Billion dollars. Does that mean that INTC is a short ? I don't think so.
The chairs are chairs, maybe there is something that is patentable in a chair I don't know. if there is then there is a way get arround the pattent otherwise no one can sell a chair because Some one has a pattent. The most likely outcome if there is one would be to references in marketing material, but I do not know the true details of the whole thing.
As for the Foniks writer, If you take a 14 year old idea Pattented or not, Add a 486 computer chip a hard drive and software that is only 2-3 years old and no one else has done it before, then you can say Here the NEW AND IMPROVED GIZMO IT SLICES AND DICES LIKE NEVER BEFORE.
There I have done nothing wrong. Now if someone buys it and I make money off of it, then So What. I should get credit for being clever.
After Talking with Brown, the CFO, I think that the foniks writer has place in the digital world untill Speach recognition can take over, but that is a long 5-20 years away. Untill then Some one working for a company will be sitting in a chair with a headset on taking down on a computer what the person on the other end has to say. The foniks writer just makes it posible for the output to go directly to MS Word. after that it can go anywhere. Legale, Accounts recievable, customer service, Invester relations, Insurence claims, (The company "No sir, this is what you said on the phone about the claim")
Jim |
